Polls show Facebook losing trust as firm uses ads to apologize
SAN FRANCISCO/LONDON (Reuters) – Opinion polls published on Sunday in the United States and Germany indicated that a majority of the public were losing trust in Facebook over privacy, as the firm ran advertisements in British and U.S. newspapers apolog…
Wall Street’s beloved FANG stock quartet may be breaking up
SAN FRANCISCO (Reuters) – The quartet of technology stocks that has driven Wall Street indices to record highs in recent years may be breaking up, possibly undermining one of the best growth stories in a nine-year bull market.
Uber to sell Southeast Asia business to rival Grab: source
SINGAPORE (Reuters) – Ride-hailing firm Uber Technologies Inc [UBER.UL] has agreed to sell its Southeast Asian business to bigger regional rival Grab, a source with direct knowledge of the matter said on Sunday, in what would be the U.S. company’s seco…
Shale firms pump up dividends as industry focus on returns grows
HOUSTON (Reuters) – Nearly a third of the 25 top U.S. shale oil producers have paid or pledged to pay dividends this year, according to Reuters review of financial filings, the largest number since the shale boom took off a decade ago.
Uber agrees to sell Southeast Asia business to Grab after costly battle
SINGAPORE (Reuters) – Ride-hailing firm Uber Technologies [UBER.UL] has agreed to sell its Southeast Asian business to bigger regional rival Grab, a source with direct knowledge of the matter said on Sunday, in what would be the U.S. company’s second r…
Blackstone’s Indiabulls deal includes two Mumbai office properties: sources
MUMBAI (Reuters) – Blackstone Group is buying stakes in two major office properties in central Mumbai as part of a deal with Indiabulls Real Estate , two sources with knowledge of the transaction said on Sunday.
Facebook’s Zuckerberg says sorry to Britons with newspaper apology ads
LONDON (Reuters) – Facebook Chief Executive Mark Zuckerberg apologized to Britons on Sunday over a “breach of trust”, taking out full page advertisements in British newspapers after a political consultancy got its hands on data on 50 million users.
Aldi and Lidl dig deeper into Britain’s grocery market
LONDON (Reuters) – German-owned discount supermarkets Aldi and Lidl are plowing ahead with a rapid expansion in Britain and are on course to grab more market share from the traditional big four players.
Take Five: World markets themes for the week ahead
LONDON (Reuters) – Following are five big themes likely to dominate thinking of investors and traders in the coming week and the Reuters stories related to them.
GM factory worker in South Korea found dead in suspected suicide
SEOUL (Reuters) – A worker at a South Korean plant of General Motors was found dead in a suspected suicide after filing for a voluntary redundancy program of the U.S. carmaker’s ailing unit, union officials and police said on Sunday.
